Senior Commercial Analyst

Company Overview

TransGrid Energy is a renewable energy company focused on investing, developing, owning and operating utility-scale battery energy storage systems and PV projects. TransGrid has a robust pipeline of projects under construction and in late-stage development, and the Company is actively expanding its energy asset portfolio across the United States.

As an affiliate company of Hanwha Group, a FORTUNE Global 500 company driven by a firm commitment to advancing the clean energy future, TransGrid Energy is striving to shape the renewable energy landscape by providing sustainable and reliable power solutions tailored to meet the energy needs of today and tomorrow.

Position Overview

TransGrid Energy is seeking a highly analytical and market-savvy Senior Commercial Analyst to support the evaluation, pricing, and structuring of Power Purchase Agreements (PPAs) and merchant strategies across CAISO and other North American ISOs (e.g., ERCOT, PJM, NYISO). The ideal candidate combines strong quantitative skills with deep market knowledge to support investment decisions, asset optimization, and commercial execution.

Responsibilities

PPA Structuring & Pricing

- Lead and support negotiations of specific commercial terms, ensuring consistency between financial model assumptions and the final agreed contract provisions

- Perform counterparty pricing analysis, incorporating nodal basis risk, shape, and settlement terms

- Develop and maintain models to evaluate long-term offtake contracts (fixed-price, indexed, hedge structures, pay-as-produced, etc.)

Market Analytics

- Collaborate across business groups during the early project development to conduct site evaluation, interconnection feasibility, and nodal analysis supporting commercial strategy

- Analyze forward markets, LMP trends, ancillary services, and capacity markets across CAISO, PJM, ERCOT, and NYISO

Asset Valuation

- Build and maintain financial valuation models for PV, BESS, and hybrid assets to support development decisions, M&A transactions, and asset optimization initiatives across the project lifecycle

- Support negotiations with utilities and financial counterparties to advance deals, build relationships, and align strategic objectives

- Perform other duties and special projects as assigned.

Required Qualifications

- Bachelor’s degree or higher in business, economics, engineering, or a related field.

- 4–7+ years of experience in power markets, PPA structuring, energy trading, or utility-scale asset development

- Proficiency with ISO/RTO operations (particularly CAISO, ERCOT, PJM, or NYISO)

- Advanced Excel modeling: strong working knowledge of Python or R preferred

- Familiarity with forward curve construction, basis risk modeling, and dispatch optimization

- Experience with PV, BESS and hybrid (PV+BESS) assets a strong plus

Preferred Qualifications

- Proven analytical skills with the ability to interpret complex datasets, perform quantitative modeling, and translate findings into actionable insights, supported by a track record of data driven decision-making

WORK AUTHORIZATION

Candidates must have authorization to work in the US prior to joining TransGrid Energy LLC. This role does not sponsor or offer assistance with work authorization in the United States.

DIVERSITY AND INCLUSION

TransGrid Energy believes that diversity and inclusion are vital to our success. By embracing different ideas and approaches, we enhance our ability to deliver the best results for our employees, environment, and business partners. We foster a culture where all colleagues can share their passions and ideas to collectively overcome industry challenges and work toward a brighter future.

TransGrid Energy is an Equal Opportunity / Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, age, or any other federally protected class.

Compensation Range: $130K - $145K